Tipu MACD MT4 Indicator – Tipu MACD is one the popular indicators in the market (Tipu MACD.mq4).
It is based on the MACD Oscillator that was devised by Gerald Appel in late 1970s. MACD is a Momentum Oscillator that is calculated by subtracting the two price moving averages calculated on the price.
It is one of the simplest indicators that provides best of both trend and momentum.